MTAG Group Bhd (XKLS:0213) Days Sales Outstanding : 109.18 (As of Dec. 2023)

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What is MTAG Group Bhd Days Sales Outstanding?

MTAG Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM26.8 Mil. MTAG Group Bhd's Revenue for the three months ended in Dec. 2023 was RM22.4 Mil. Hence, MTAG Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 109.18.

The historical rank and industry rank for MTAG Group Bhd's Days Sales Outstanding or its related term are showing as below:

XKLS:0213' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.23 Med: 96.78 Max: 109.73
Current: 108.65

During the past 8 years, MTAG Group Bhd's highest Days Sales Outstanding was 109.73. The lowest was 78.23. And the median was 96.78.

XKLS:0213's Days Sales Outstanding is ranked worse than
84.89% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs XKLS:0213: 108.65

MTAG Group Bhd's Days Sales Outstanding declined from Dec. 2022 (109.71) to Dec. 2023 (109.18).

MTAG Group Bhd Days Sales Outstanding Historical Data

The historical data trend for MTAG Group Bhd's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MTAG Group Bhd Days Sales Outstanding Chart

MTAG Group Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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95.43

102.48

78.23

98.59

92.99

MTAG Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															109.71	138.26	85.83	82.80	109.18

Competitive Comparison of MTAG Group Bhd's Days Sales Outstanding

For the Specialty Business Services subindustry, MTAG Group Bhd's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MTAG Group Bhd's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MTAG Group Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MTAG Group Bhd's Days Sales Outstanding falls into.

MTAG Group Bhd Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

MTAG Group Bhd's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (53.474	+	24.951)	/	2 )	/	153.912	*	365
=	39.2125					/	153.912	*	365
=	92.99

MTAG Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (31.412	+	22.1)	/	2 )	/	22.361	*	365 / 4
=	26.756					/	22.361	*	365 / 4
=	109.18

MTAG Group Bhd (XKLS:0213) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

MTAG Group Bhd Days Sales Outstanding Related Terms

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MTAG Group Bhd (XKLS:0213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MTAG Group Bhd (XKLS:0213) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Tebrau III, PLO 226, Jalan Kencana Mas, Johor Bahru, Johor, MYS, 81100

Website

https://www.mtaggroup.com

MTAG Group Bhd is a converter company providing the services of label and sticker printing and customised converting services for various materials. In addition, it distributes industrial tapes and adhesive products under the brands 3M and Henkel. Its segments consist of Converting, Distribution and Investment holding. The company operates in Malaysia.

MTAG Group Bhd (XKLS:0213) Headlines

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